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3 million Grab passengers to receive rebates
philstar.com - 2019-11-22
MANILA, Philippines -- Around three million passengers who booked rides through the Grab Philippines application from February to May will soon receive an average of P1.50 rebate as part of the P23.45 million fine for the breach of pricing commitments with the Philippine Competition Commission (PCC). In a press conference yesterday, Grab ...

Interbank borrowings, bonds excluded from bank reserves BSP says move to free up more funds
philstar.com - 2019-11-22
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) has excluded interbank borrowings, repurchase agreements, as well as bonds issued to financial intermediaries from the reserve base of banks to release more funds for lending and investments. The regulator said in a statement that the central bank has excluded borrowings from banks ...

Bus driver, conductor beat up MMDA employee
philstar.com - 2019-11-22
MANILA, Philippines -- A sidewalk clearing operations group employee of the Metropolitan Manila Development Authority (MMDA) was beaten up by a bus driver and conductor along EDSA yesterday morning. MMDA spokesperson Celine Pialago said their employee, Arvin Gabay, sustained head injuries. Driver Harold Reyes and conductor Rolly Sambayon ...

Yokohama Rubber Co Ltd
Reuters - 2019-11-22
Yokohama Rubber to raise production capacity for passenger-car tires in China - Nikkei ... TIRE PHILIPPINES,INC. on May 14.* Other details not disclosed . Yokohama Rubber Co Ltd <5101.T> : To ...

Prices of building materials in Metro Manila ease in October
philstar.com - 2019-11-22
MANILA, Philippines -- Wholesale prices of building materials in Metro Manila eased in October after registering upticks in August and September, the Philippine Statistics Authority (PSA) reported yesterday. Growth in the Construction Materials Wholesale Price Index in the National Capital Region (NCR), which is used as a reference in the ...

Index recovers slightly, ends week 1.4% lower
philstar.com - 2019-11-22
MANILA, Philippines --The benchmark Philippine Stock Exchange index managed to make a slight turnaround later in the day ending in the green albeit flat. The PSEi edge up by 5.70 points, or 0.07 percent, to end at 7,824.59. The broader All Shares index was up 8.28 points, or 0.17 percent, to close at 4,679.04. Likewise, most of the sectors ...

BCDA denies onerous agreement with Malaysian firm
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22)-- The Bases Conversion and Development Authority (BCDA) denied signing a loan with a Malaysian firm to fund the construction of sports facilities at the New Clark City. This is in response to news reports indicating that the BCDA entered into a funding scheme with MTD Capital Berhad that would give ...

Analyst expects PH economy to meet target this year
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22)-- The economy will improve this quarter, boosted by the regional sports meet, an analyst said Friday. In an interview on CNN Philippines Business Roundup, ING Bank senior economist Nicholas Mapa said he expects the economy to grow by 6.6 percent in the fourth quarter. This would lead to the country ...

29 percent of Metro Manila barangays are drug-cleared - PDEA
Philippine Daily Inquirer - 2019-11-22
MANILA, Philippines - Three years into the term of President Rodrigo Duterte, only 29 percent of barangays in Metro Manila have been declared cleared of illegal drugs, the Philippine Drug Enforcement Agency (PDEA) said Friday. The PDEA Regional Office - National Capital Region said 496 out of 1,709 Metro Manila barangays have been cleared ...

ISIS fighters do not seem to be heading to PH, US says
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- The Southeast Asian region, including the Philippines, does not seem to be a target of ISIS remnants following their defeat in Syria, according to the US Department of State. "We know that ISIS core, the remnants of ISIS in Syria, have been encouraging their fighters to leave and fight again, to ...

Duterte says current anti-smoking laws may also apply for his vaping ban
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- President Rodrigo Duterte on Friday said that he does not have to issue an executive order to ban the use and importation of vapes, arguing that ...

Palace: Rice importation to continue with strict requirements
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- The government will continue to allow imported rice into the country, Presidential Spokesperson Salvador Panelo said Friday. In a media briefing, Panelo said that there is no need to stop rice imports, citing Agriculture Secretary William Dar. "According to the Secretary of Agriculture, there is ...

Video shows flames shooting from the engine of a Philippine Airlines Boeing 777 when it caught fire just minutes after takeoff
Business Insider - 2019-11-22
In a statement, flight operator Philippine Airlines said the fire was caused by a "technical issue" in one of the plane's engines.

DILG launches Chinese CCTV surveillance system in Metro Manila
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22)-- The Department of the Interior and Local Government (DILG) launched on Friday a CCTV-based surveillance system project in Metro Manila. Dubbed "Safe Philippines", the China-financed project involves the local government units in the National Capital Region. Initially, it covers Marikina ...

Should Robredo resign? Palace says people who can't stand the heat should leave
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- Malacañang on Friday cried foul over Vice President Leni Robredo's remark that President Rodrigo Duterte should just tell her directly if he wants ...

Philippine Airlines plane makes emergency landing in Los Angeles airport due to engine problem
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- A Philippine Airlines (PAL) plane was forced to return to the Los Angeles International Airport (LAX) after one of its engines encountered a "technical problem" on Friday (Philippine time). In a statement, PAL confirmed Flight PR113 -- departing from LAX to Manila, Philippines -- experienced the ...

Telecoms firm protests blame game on Iloilo pole fires
Philippine Daily Inquirer - 2019-11-22
MANILA, Philippines-The Visayas office of telecommunications giant PLDT protested a case of finger-pointing allegedly by Panay Electric Co. (Peco), which blamed pole fires in Iloilo City on telecommunications connections there. In a report by Radyo Inquirer, PLDT Vice President for Visayas Rene Lescano was quoted as calling Peco a liar after ...

Huawei will soon be able to buy from some US suppliers again
CNN Philippines - 2019-11-22
(CNN) -- Huawei suppliers in the United States are about to find out whether they can restart sales to the beleaguered Chinese company. The US Department of Commerce announced on Wednesday that it would grant "several licenses" to US companies to sell goods to Huawei. The department also said it would deny licenses to some firms. Huawei, the ...

Huawei will soon be able to buy from some US suppliers again
CNN Philippines - 2019-11-22
(CNN) -- Huawei suppliers in the United States are about to find out whether they can restart sales to the beleaguered Chinese company. The US Department of Commerce announced on Wednesday that it would grant "several licenses" to US companies to sell ...

Construction worker shot dead in Taguig City
Philippine Daily Inquirer - 2019-11-22
MANILA, Philippines -- A construction worker was shot dead by two unidentified men in his house in Barangay Bambang, Taguig City, police said Friday. According to police, two armed men suddenly ...

Vape could still be available in black market despite Duterte ban, lawmaker warns
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) - The Duterte administration should reconsider its approach in banning the use of e-cigarettes and vape devices nationwide, as this could still trigger purchase in the black market, a lawmaker warned Friday. House Committee on Dangerous Drugs Chair Robert Ace Barbers of Surigao del Norte 2nd ...

China told: Be firm on giant clams trade ban to save South China Sea reefs
Philippine Daily Inquirer - 2019-11-22
MANILA, Philippines -- China should strictly implement a ban on giant clams trade in order to save the reefs in the South China Sea from further degradation. This was the call of American ...

San Miguel tests use of asphalt mixed with recycled plastic on road
CNN Philippines - 2019-11-22
Metro Manila (CNN Philippines, November 22) -- The San Miguel Corporation (SMC) has paved one of its logistics centers with plastic roads. The conglomerate has laid plastic-mixed asphalt on a 1,500 square meter pilot site in its logistics center in General Trias, Cavite. The road is meant to withstand heavily loaded trucks and equipment.

America's milk industry is struggling. Don't blame oat milk
CNN Philippines - 2019-11-22
(CNN) - Milk is falling out of fashion. In 2010, 55 billion pounds of milk were sold in the United States. By 2018, that figure dropped to 47.7 billion, a decline of about 13%. Last week, that ...

Walmart is doubling down on China with 500 new stores
CNN Philippines - 2019-11-22
(CNN) - Walmart is doubling down in China despite an economic slowdown. The Arkansas-based retailer announced Thursday that it plans to open 500 new stores in China over the next five to seven years. That would more than double Walmart's footprint in China, which is expected to become the world's biggest grocery market by 2023. The expansion ...

Google shifts rules for political ads, pressuring Facebook
philstar.com - 2019-11-22
WASHINGON, United States -- Google's tightening of its political ad policy could help reduce the spread of misinformation on election campaigns, but at a cost for lesser-known candidates. The move by Google placing restrictions on how advertisers can ...

AI software defines people as male or female. That's a problem
CNN Philippines - 2019-11-22
(CNN) - Artificial intelligence doesn't know what to make of Os Keyes. The 29-year-old graduate student is dark-haired, tattooed and openly transgender, using the pronouns "they" or "them." Facial analysis software, however, typically assigns each face it analyzes one of two labels: male or female. The software literally can't categorize ...

Tropical Storm Sarah weakens as it moves to Japan
Philippine Daily Inquirer - 2019-11-22
MANILA, Philippines -- Tropical Storm Sarah is no longer expected to bring significant rainfall in the country as it moves to the southern Ryukus of Japan, the state weather bureau said Friday.

Twitter now lets you hide replies to your tweets
CNN Philippines - 2019-11-21
(CNN) -- Twitter is letting all users hide unwanted replies to their tweets as part of a broader effort to make the platform less toxic. On Thursday, the company announced it's rolling out the ...

Putting money where the chat is
Philippine Daily Inquirer - 2019-11-21
As messaging applications diversify into e-commerce platforms, a recent study has found that more Filipinos are patronizing "conversational commerce", with the majority saying they will most likely buy from a brand they can chat with online. According to Conversational Commerce--the next gen of E-com, a Facebook-commissioned study by ...

Inflation among poor households fell to 4-year low in October
Philippine Daily Inquirer - 2019-11-21
Poor families continued to get relief from price pressures as the rate of increase in the prices of the items they consume further fell to a four-year low of 0.8 percent in October. A Philippine Statistics Authority (PSA) report on Thursday showed that the consumer price index (CPI) for the bottom 30-percent income households last month was the ...

8990 inks deal to sell P10B in receivables
Philippine Daily Inquirer - 2019-11-21
Mass housing developer 8990 Holdings Inc. has signed an agreement to sell another P10 billion worth of housing receivables and is working on a landmark P2.5-billion securitization deal by the first quarter of next year. The P10 billion worth of contract-to-sell (CTS) receivables were sold to a company called Fillmore Resources and Holdings Inc ...

Gasoline-run tricycles gone soon in Boracay
Philippine Daily Inquirer - 2019-11-21
ILOILO CITY--By January next year, electric tricycles will service residents and tourists on Boracay Island as the local government starts implementing a program to phase out gasoline-run ...

This may be the world's youngest university graduate
Reuters - 2019-11-21
As he cradles his young puppy in his arms, Laurent Simons looks much like any other 9-year-old boy. Then he starts describing his work at a university in the Netherlands, developing a computer circuit that will replicate a part of the brain. As he cradles ...

Miami-area health officials issue alert for dengue
UPI.com - 2019-11-21
Nov. 21 (UPI) --Health officials in Miami-Dade County, Fla., issued a mosquito-borne illness alert after doctors diagnosed another resident with dengue, a virus that has been seen in record numbers in the Americas this year. The Florida Department of Health in Miami-Dade County said there have been 11 cases of the virus in the county so far in ...

Credit Suisse says investors should buy Virgin Galactic because of its 'near-term monopoly' in commercial space tourism
Business Insider - 2019-11-21
According to Credit Suisse analysts, Virigin Galactic could generate $576 million in revenue by 2024.

Reported U.S. vaping deaths taper off; popcorn lung diagnosed in Canada
UPI.com - 2019-11-21
Nov. 21 (UPI) --Reported vaping-related deaths and injuries appear to be tapering off in the United States, but a case with a different type of lung symptom was reported this week in a Canadian teenager. U.S. vaping related deaths rose by two, bringing the total to 49. The number of lung injury cases rose slightly to 2,290 from 2,172 last week ...

Column: UC contracts place religious restrictions on treatment and training at its medical schools
Los Angeles Times - 2019-11-21
Religious restrictions on healthcare have been developing into a public health crisis of the first order. New disclosures show how deeply these restrictions have infiltrated an institution that should be a bulwark against them: the University of California. Clinical and educational training contracts with Catholic hospitals chains have placed ...

Hubble catches gamma-ray burst with highest energy yet-recorded
UPI.com - 2019-11-21
Nov. 21 (UPI) --With the help of the Hubble Space Telescope, scientists have characterized the gamma-ray burst GRB 190114C, which featured the highest energy ever recorded. The record-setting gamma-ray burst was first spotted in January by several telescopes, including NASA's Swift and Fermi telescopes. Shortly after its discovery, several ...

Stop charging your phone like this at the airport, it's not safe
Business Insider - 2019-11-21
In airports and train stations, avoid using public charging station. Bring your own charger, and only plug into outlets.

Mental health, hypertension meds most expensive in PHL, Medbelle index shows
BusinessMirror - 2019-11-21
Medicines meant to improve mental health and address hypertension are the most expensive medications in the Philippines. Based on the 2019 Medicine Price Index conducted by London-based digital health-care provider Medbelle, the Philippines ranked 17th out of 50 in terms of medicine costs with medications averaging 12.64 percent higher than the ...

Peugeot launches the 2020 Allure
BusinessMirror - 2019-11-21
The 2020 model 5008 Allure promises an upgraded driving experience, safety and accessibility features. Peugeot Philippines Business Development Director Dong Magsajo and Sales Director Dodie Ganac proudly pose beside the 2020 Peugeot 5008 SUV. Styling wise, the new 5008 still looks the same, except for some subtle enhancements to its looks ...

Salad Recall 2019: More Than 97,000 Pounds Of Salad Recalled For E. Coli Contamination
International Business Times - 2019-11-21
Following a recall earlier in November by Russ Davis Wholesale for a series of fresh vegetable products because they may be contaminated with Listeria, Missa Bay, LLC has recalled about 97,272 pounds of salad products that may be contaminated with E. coli. The recalled salad products contain meat or poultry and have lettuce that may be ...

AmCham: Senate must tackle Citira bill soon
BusinessMirror - 2019-11-21
Under House Bill 4157, firms operating in economic zones are required to give up their incentives in two years for those in business for over 10 years; three years for those between five years and 10 years; and five years for those below five years. Further, the House version will strip away tax perks that locators find crucial in maintaining ...

The brain finds a way to adapt, even when we remove half
Medical News Today - 2019-11-21
A fascinating new study involving people who underwent hemispherectomy -- surgery to remove one of the brain's hemispheres -- in childhood shows that these individuals now display almost no immediately obvious effects of this procedure. Share on Pinterest Emerging evidence emphasizes the brain's impressive ability to adapt, even when doctors ...

SBMA chief cited for governance in Asia Leaders Awards 2019
BusinessMirror - 2019-11-21
Eisma received recognition for excellence in governance during the Asia Leaders Awards 2019, which acknowledge leaders who promote the Philippines as the premier business hub in Asia and beyond. Eisma was bestowed the "Woman of the Year" award, along with five other women executives who excelled in their respective fields during a ceremony ...

At Kusina Pinoy Bistro, Eating Is a Messy, Happy Business
New York Times - 2019-11-21
This is a street-food snack across Asia, found at night markets in the Philippines, South Korea and Taiwan, to be torn off the stick with the teeth. At Kusina Pinoy Bistro, a Filipino restaurant in Woodside, Queens, scissors are provided, to aid in sharing. Still, eating it is a messy (and happy) business, oil glossing the fingers. The ...

Resiliency and sustainability in the face of industry 4.0
BusinessMirror - 2019-11-21
Using actual data over the period 1900-1970 on output, natural resources, and pollution levels, among others, the book carries a Malthusian warning of collapse before year 2100 when looking at business-as-usual simulation scenarios. The 30-year update of the book reveals many of their forecasts until 2000 were correct. In response, the United ...

Greenergy submits proposal for modern tramway system in Manila
BusinessMirror - 2019-11-21
The proposed subway would connect key points in Makati like the current Central Business District at the corner of Ayala and Sen. Gil Puyat Avenues, Circuit City, Makati City Hall, University of Makati, Ospital ng Makati and other new growth areas within the city. The subway will have up to 10 airconditioned, underground island stations.

Amnesty International calls Facebook, Google rights abusers
BusinessMirror - 2019-11-21
In a scathing indictment of the two most powerful corporate giants of the internet, Amnesty International insists in a new report published Thursday, Nov. 21, 2019, that Google and Facebook be compelled to change what it calls their surveillance-based business models. (AP Photo/File) Amnesty International issued a scathing indictment of the ...

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